The GPS tracking and fleet management solutions provider has launched its latest platform, DIRECTOR, which offers features like fuel use tracking, messaging and routing, driver behavior analysis and data reporting.
Major freight railroads in the United States employed 152,426 workers as of the middle of June 2016, down 0.2 percent from the previous month and 11.55 percent year-over-year, according to data from the Surface Transportation Board.
Asset-light third-party logistics provider Landstar System posted a net income of $61.5 million on $1.49 billion in revenues for the first half of 2016, decreases of 12.8 percent and 8.8 percent, respectively, compared with the same 2015 period.
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Ocean carrier Hyundai Merchant Marine joining the 2M Alliance - comprised of Maersk Line and MSC - has fueled speculation about Maersk’s ultimate motives, but the short term impact is a larger share on the transpacific trade, especially from Korea.
Some logistics providers remain skeptical about how well it will work for ports to weigh containers and transmit the data to carriers on behalf of shippers.
The rating agency acted negatively to the idea that the A.P. Moller - Maersk conglomerate could potentially choose to divide into separate companies, noting the split could hurt the group's business diversification.